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Hey Reader, We’ve got a good one for you this week. On YouTube, Nick’s taking on the “average net worth by age” comparison trap. 😳 And here in the newsletter, we’re sharing a simple 1% rule that can reshape your budget — without the dramatic overhaul. Let’s get into it. 🎥 What's NewAverage Net Worth By Age (2026 Edition)💲 Money Minute - From NickOne of the biggest mistakes people make when they decide to “get serious” about money is building a budget they can’t sustain. I’m talking:
It’s the financial equivalent of sprinting the first mile of a marathon. You might feel impressive at the start. I know because I’ve done it. Save yourself the pain, and try this instead: The 1% Rule. I once heard YouTuber Thomas Frank say he tries to make each video just 1% better than the last. One small improvement per week. Apply that to your budget. This week, ask:
Just 1%. Stack that over weeks, months, and years — and you’ll be shocked at how far you’ve come. Progress that lasts is built 1% at a time. It's not intensity that changes your finances. ⚓︎ Craft Your Money Story - From HannaPeggi Kroll Roberts is one of my favorite artists — partly because she refuses to follow other people’s rules. She’s famous for her beach paintings. At 72, she’s still “playing” — painting ducks left-handed, experimenting with ceramics, and collaging. When galleries only want her beach scenes, she doesn't argue. And she takes the same fun, freeing approach to teaching. Instead of defining “good” art and telling students to copy it, And here's what I love most about Peggi: Nick doesn't tell you what to do with your money. What story do you want to tell? It doesn’t matter how much net worth other people your age have. That's their money story. Yours is yours. But what’s aligned with your family’s values. Does your budget tell that story? If not, maybe it’s not because you’re “bad with money.” |
Weekly tips and stories to help you manage your money so you can do more of what matters.
Hey Reader, Crafting a meaningful money story requires trade-offs. And once you get clear on what actually matters to you, some of your spending decisions might look pretty strange to other people. Here's a recent example from our life... 💲 Money Minute Hanna drove her car for 19 years. From age 16 to 34. It was a 2006 Saturn Vue that she was still driving in 2025. The heated seats had stopped working. So had the moonroof. The paint was faded, there were holes in the seats, and almost...
Hey Reader, We all want to know whether our spending is "normal." But trying to make your money look like everyone else's might be keeping you from building the life you actually want. 💲 Money Minute I came across this post in the YNAB Reddit community earlier this week: If you have a category in your budget that's just your very own fun money, doesn't benefit anyone else in your household, how much do you give yourself? I give myself $50/month, which I spend mostly on coffee (haha), plus a...
Hey Reader, Nick and I are trying something new on the YouTube channel... a TikTok reaction video. We hope it'll make talking about money feel less intimidating — and maybe even a little fun. You can check it out here: ⚓︎ Craft Your Money Story - From Hanna Have you ever wondered why some people seem remarkably patient while pursuing big goals? I was asking myself that question last week, and a quote I've heard dozens of times from Hormozi finally clicked: Patience is figuring out what you're...